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$3,181,000

NAL Estimated Property Value

5044 Airline Road, Highland Park, TX, 75205

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,898 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$605.9 / sqft
Year BuiltBuilt in 1924

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Marble, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Storage
Lot Size7,000 sqft

Building Information

Year Built2023
Stories2
Roof Type111
Garage Spaces1

Land Information

APN60122500000080000
Lot Number8
SubdivisionA G Mcadams
Land UseResidential
Legal DescriptionA G MCADAMS BLK 213/2020 LOT 8 INT202100284616 DD09212021 CO-DC 1225000000800 2TH12250000
Census Tract019600
Assessed Land Value$1,120,000
Assessed Improvement Value$1,931,430
Assessment Year2025

About this property

BRAND NEW BACKHOUSE & GARAGE! GREAT INVESTMENT PROPERTY & CLOSE TO SMU. Situated in prestigious Highland Park in Armstrong Elementary & steps away from the Katy Trail, this charming traditional has spacious entertaining rooms, gleaming hardwoods, plantation shutters & wonderful marble finishes. Also features a spacious living dining room combination with a fireplace that opens to a large marble kitchen with stainless appliances & a breakfast bar, large study, spacious downstairs master with a sitting area & fabulous marble and travertine bath, 2 additional bedrooms upstairs, utility room. GREAT backyard. NEW CIRULAR DRIVEWAY. SOLD AS IS. NO REPAIRS WILL BE COMPLETED. FOUNDATION REPORTS IN MLS.

Investor Tools

Property Icon
$3,181,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,181,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,086 /month
Positive
Cash Flow Estimate:
$6,362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,678/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,226
$3,051,430
2025
$1,120,000
$1,931,430
$3,051,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,226
$3,051,430

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,181,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
N/A
+$3,620/mo
1.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Highland Park

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5044 Airline Road | Property Details | No Agent List